Regent Pacific Group Ltd
HKG:0575 ISIN:KYG7478U1040
Regent Pacific Group Ltd. is an investment holding company. The Company is engaged in exploration and mining of natural resources, and corporate investments. It has four business segments: Coal mining, which is engaged in exploration and mining of coal resources; Coking coal, which is engaged in production of coking coal; Metals mining, which is engaged in exploration and mining of metals resources, and Corporate investment, which is engaged in investment in corporate entities, both listed and unlisted. Its subsidiaries include Abagaqi Changjiang Mining Co., Ltd., Alphorn Management Limited, Amerinvest Coal Industry Holding Company (BVI) Limited, Amerinvest Coal Industry Holding Company Limited, AstroEast.com Limited, GeoMin Tech Consultants Limited and Interman Holdings Limited.
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Australian Market Report of January 21, 2011 includes: Prairie Downs Metals Limited (ASX:PDZ) reported high grade zinc-lead-silver mineralisation; BC Iron Limited (ASX:BCI) announced proposed acquisition by Regent Pacific Group Limited (HKG:0575); Middle Island Resources Limited (ASX:MDI) completed an 800m trenching programme on the Reo Project in Burkina Faso; Archer Exploration Limited (ASX:AXE) will commence a ground gravity survey at Wildhorse Plains in South Australia.
The Australian shares were lower for a fourth consecutive day as traders continued to sell-off mining stocks. The benchmark S&P/ASX200 index was 0.3 per cent, or 12 points lower, to 3892.1, while the broader All Ordinaries index fell 0.4 per cent, or 16.8 points, at 3887.4.
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